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New York City reveals design winner for new "micro-apartments"

Units will measure as small as 250 square feet

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Updated: 6:21 PM EST Jan 22, 2013

For example: the building will have a rooftop garden, lounges on most of the floors, a deck, a multi-purpose lounge for dinners and events, a laundry room, bike storage and general storage, a cafe, and a fitness room.

New York City reveals design winner for new "micro-apartments"

Units will measure as small as 250 square feet

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Updated: 6:21 PM EST Jan 22, 2013

NEW YORK —

Think you could call this home?

The winners of New York City's contest to create a micro-unit apartment model were announced Tuesday.

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Out of 33 design submissions, Monadnock Development, Actors Fund Housing Development Corporation, and nARCHITECTS will build the city’s first micro-unit building on East 27th St. in the city's Murray Hill neighborhood.

The 55 units, created for one and two person families will be available to anyone, but 40 percent will be reserved for low income residents. The units will measure between 250 and 370 square feet and will sell for $940 a month for qualifying low income or $1700 to $1800 for others.

The main living area will feature a couch that transforms into a bed and a removable bar that transforms into a dining table.

The units will be ready for move in by 2015.

The new building is exempt from the NYC requirement that units must be over 400 square feet and is being built with no city subsidy.